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Breaking: Th!nk looking for helping hand, temporarily halts production

It was virtually impossible for emerging automakers to forecast how difficult times would get just a few short months ago. Considering that even the best laid business plans must rely in some part on a series of educated guesses and assumptions, it's not surprising that Th!nk Global now finds itself in "urgent financial distress." So dire is Th!nk's future that Chief Executive Richard Canny has not ruled out bankruptcy, suggesting that the Norwegian automaker is in desperate need of help from the government. The fledgling automaker is ... Read more →

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